Quote from: mmortal03 on December 18, 2014, 07:08:27 AM

Quote from: gustav on December 18, 2014, 06:13:44 AM

Quote from: Serge on December 18, 2014, 06:06:52 AM

more and more people keep finding out and learning about bitcoin, government officials in many countries noticing it. it has many uses, much unrealized yet.

what you say is crypotcurrency in general - not exclusively bitcoin.

Crypto will not vanish, but bitcoin could; why not?

It's a good first try though and will be remembered in historybooks, that's for sure.

Not saying it fails, but saying: good trader has an eye on all possible scenarios and is prepared for big red aswell as big green candles right now.

I think it can become very volatile again. Up or down both possible.

It's always possible, but we'd have to see a huge amount of hashing power redirected toward an alt.

which would naturally happen once it is pumped.
Hash and price do have a corelation.

scenario:
bitcoin dumps to the abyss (for whatever reason), altcoin (s) are pumped, hash moves over.
Done in a few days to weeks.
Redirecting hash will not be a problem once bitcoin isn't profitable and something else is instead.

i have to say though i would prefer bitcoin to start a mayor bullrun right now. But if it doesn't i'll be prepared.